Exchange Rate Updates

The loonie flies versus sterling! The Canadian dollar to pound interbank exchange rate has touched 0.5972 today, extremely close to its highest in 9 months, or since November 13th 2017. The Canadian dollar has risen against the pound, because Canada's unemployment rate tumbled in July, said official data late last week.

The greenback continues to surge versus sterling! The US dollar to pound interbank exchange rate has hit 0.7846 today, just a whisker below its highest in 1 year, or since July 27th 2017. Sterling has weakened, because financial markets are concerned that the risk of a "no deal" Brexit remains high.

The greenback continues to climb versus sterling! The US dollar to pound interbank exchange rate has neared its highest since September 5th 2017 today, or 11 months, at 0.7687. The US dollar has jumped versus the pound, because financial markets are questioning the Bank of England's (BoE) decision to hike UK interest rates yesterday.

The greenback jumps versus the common currency! The US dollar to euro interbank exchange rate has touched 0.8594 today, its highest since July 27th, or near 1 week. The US dollar has strengthened against the euro, because yesterday America's central bank, the Federal Reserve, was very upbeat about the US economy.

The loonie continues to climb versus sterling! The Canadian dollar to pound interbank exchange rate has reached 0.5862 today, its highest since January 12th, or more than 28 weeks. The CA dollar has strengthened further against the pound, because Canada's economy expanded more than forecast in May, said official data yesterday.

The common currency jumps versus sterling! The euro to pound interbank exchange rate has hit its highest in 1 week today, or since July 24th, at 0.8923. The euro has risen against the pound, because UK consumers borrowed more than they earned for the 1st time in almost 30 years in 2017, said new data yesterday.

The loonie dollar jumps versus sterling! The Canadian dollar to pound interbank exchange rate has hit 0.5847 today, its highest in 28 weeks, or since January 14th. The CA dollar has strengthened against the pound, because financial markets remain nervous about the risks of a "no deal" Brexit for the UK's exit from the EU, in March 2019.

The greenback jumps versus sterling! The US dollar to pound interbank exchange rate has hit 0.7637 today, less than -1 cent below its highest in 11 months, or since September 5th 2017. The US dollar has lifted against the pound, because EU Brexit negotiator Michel Barnier has rejected the UK's proposals for a Brexit customs agreement, at a press conference on Thursday.

The loonie jumps against sterling! The Canadian dollar to pound interbank exchange rate has reached 0.5818 today, just a whisker below its highest in 8 weeks, or since May 31st. The Canadian dollar has jumped against the pound, because Canadian and Mexican government officials are confident that they can successfully renegotiate the NAFTA free trade deal.

Sterling jumps versus the common currency! The pound to euro interbank exchange rate has hit its highest in 1 week today, or since July 18th, at 1.1260. The pound has lifted against the euro, because UK factory output has accelerated in July, according to the Confederation of British Industry's monthly poll yesterday.